Home Football League One clubs’ salary cap and luxury tax plans to be snubbed...

League One clubs’ salary cap and luxury tax plans to be snubbed by EFL

64
  • Rick Parry will not back proposed changes from clubs

  • League One could still opt to go it alone with the plan

The EFL is to oppose radical proposals from League One clubs to introduce a £4.7m salary cap and a luxury tax for clubs that overspend.

Eighteen League One clubs wrote to the EFL chair, Rick Parry, this month advocating a fixed squad salary allowance, which they argue is required to get spending under control in a division where the median loss among 24 clubs last season was £5.2m.

Continue reading…Rick Parry will not back proposed changes from clubsLeague One could still opt to go it alone with the planThe EFL is to oppose radical proposals from League One clubs to introduce a £4.7m salary cap and a luxury tax for clubs that overspend.Eighteen League One clubs wrote to the EFL chair, Rick Parry, this month advocating a fixed squad salary allowance, which they argue is required to get spending under control in a division where the median loss among 24 clubs last season was £5.2m. Continue reading…